Don’t go about borrowing biko. If your income cannot take care of your needs, loans will compound your problems

Henix:
While they keep operating illegally and extorting the poor masses with exorbitant interest rate, abi?

Loan sharks are devilish, and need to be dealt with. Most of them charge as high as 50% interest rate per week, is that not stealing by tricks? That ur vulnerable customers are forced to patronize u, doesn't mean u should be taking advantage of them.

Ladies and gentlemen, if u are owing any loan shark, don't stress urself paying them. Even their childish defamation are being bypassed nowadays by many

simple, don't borrow from them

pay ya debts, habaa

Acensionboss:
The best way to avoid embarrassments from loan app is to pay back what you owe in due time.
Thank you.

This one na one of the agent promoting the business.
Its good to promote your business bro, keep it up.
I hate loan to the core, i almost collect loan recently when my salary was delayed, with God help the person that was owning came and pay part of the money. Gladly collected even when i was showing unhappy in his presence for incomplete money, mehn i was overwhelmed
What loan did to me, never in this life will i collect loan again.

Loan shark spotted

Acensionboss:
The best way to avoid embarrassments from loan app is to pay back what you owe in due time.
Thank you.

Rasome:
The best way is for you not take loan.

Exactly...

consultancy:
Front page with 0 comment

Just be shutting up.... bla bla bla

Theboy21:
Palmpay will lock your phone if you refuse to payback

nawa oo. how would dey do that?

Valentinooo:

Nigerians don't like paying their loan.
That's a very bad attitude, and a serious integrity issue.

Dear Nigerians, please learn to pay your loan based on the agreement reached.

They will even tell you they have not eaten since morning.

Who cares whether you have not eaten for years. My friend pay your loan and stop blabbing

That's the problem, people who don't have stable means of income are collecting loans that's why there are many defaulters... In abroad before they will give you a credit card for loans they must have confirmed that you are working and have a constant flow of income. So my advice is if you don't have something doing avoid taking loans àt all cost

Alot of Loan sharks agents are on this thread advicing defaulting customers to pay back their scam loans.

Nope. The best way is don't take it

Theboy21:
Palmpay will lock your phone if you refuse to payback

how's that possible?

Rasome:
The best way is for you not take loan.

GBAM!

I have always maintained my stance on borrowing or collecting loans from these sharks. A lot of my colleagues are in debt due to different loans collected from different sharks. Some even borrow to settle another debt. I do my best not to ever put myself in such situation. A silly colleague of mine even borrowed money to get married.

My first payment of 25k would be due on the 5th of this month, but here am I, my company hasn't paid as at today being 3rd. I don't think I can be blamed for this honestly

DO NOT BORROW
DO NOT BORROW
DO NOT BORROW

The only way is that loan apps operators should operate responsibly. Bearable loan interest rate, empathic repayment durations. Considering this will make Nigerians service loan facility with loyalty I swear

udofia234:


how's that possible?

Before receiving the loan, you will have to give them permission to your phone contact, n other options which includes your imei number therefore giving them permission to block you from using your phone anytime...

Originality007:


nawa oo. how would dey do that?

Before receiving the loan, you will have to give them permission to your phone contact, n other options which includes your imei number therefore giving them permission to block you from using your phone anytime...

saysugar:
I really ? Lock phone as how when they don’t know my password?

Before receiving the loan, you will have to give them permission to your phone contact, n other options which includes your imei number therefore giving them permission to block you from using your phone anytime...

How is that possible?

Theboy21:
Palmpay will lock your phone if you refuse to payback

Reinaldo:


I've heard about situations where the loan apps deliberately block the user from paying back just so they can make more interest

you are damn right......I once borrowed from a loan app and tried to pay back before the due date...guess what?? I tried accessing the app for almost a week to pay back to no avail....it was after 10 days after the due date that I was able to access it..imagine

Some of you typing shit and sorts up there,I pray you won't find yourself in some really bad situations...
Not all who borrows have the mind of not paying..

Edopesin:
Best way to avoid embarrassment is avoid them all together

And Nigerians are taking advantage by not paying back

Pay

Valentinooo:

Nigerians don't like paying their loan.
That's a very bad attitude, and a serious integrity issue.

Dear Nigerians, please learn to pay your loan based on the agreement reached.

They will even tell you they have not eaten since morning.

Who cares whether you have not eaten for years. My friend pay your loan and stop blabbing

the truth is this loan app are wicked. A poor man will go and take 10k to pay maybe 13k In 1 week if after 1 week u didn't pay, the new interest will be calculated based on 13k there by put the man in more trouble. It is not fair from where I stand.

Theboy21:
Before receiving the loan, you will have to give them permission to your phone contact, n other options which includes your imei number therefore giving them permission to block you from using your phone anytime...

I never hear this one before o.. accept that of contact. Even me self dey own dem dem..

I know of a guy who defrauds loan app companies successfully. I will not let the cat out of the bag. He can collect 500k from 10 different app, and nothing will happen. No be jazz. If you sabi, you sabi.

Best way is to stay off

deavicky:
the truth is this loan app are wicked. A poor man will go and take 10k to pay maybe 13k In 1 week if after 1 week u didn't pay, the new interest will be calculated based on 13k there by put the man in more trouble. It is not fair from where I stand.

Agreed. They need to be regulated. But many take their loan with the intention of not paying back

Theboy21:
Palmpay will lock your phone if you refuse to payback

Which of the palmpay? The one I'm owing since January or another palmpay?

Anyway I'm a chronic loan defaulter and don't pay back any loan I collect since 2018.
They should do their worst

Theboy21:
Palmpay will lock your phone if you refuse to payback

Buy better fone u no gree hear. Make dem lock Samsung or iPhone make I c